Pope Benedict XVI and the Orthodox archbishop of Cyprus, Chrysostomos II, met at the Vatican in 2007. The pope and the archbishop called for an "honest dialogue" between religions of the Middle East.
Pope Benedict XVI and the Orthodox archbishop of Cyprus, Chrysostomos II, met at the Vatican in 2007. The pope and the archbishop called for an "honest dialogue" between religions of the Middle East.

Pope urges aid for 'tormented region'



NICOSIA // Pope Benedict XVI begins a historic visit to Cyprus tomorrow that highlights the island's strategic location as a bridge between West and East, a role it has long cherished. Cyprus is a centuries-old "crossroads of cultures and religions", Father Federico Lombardi, the Vatican spokesman, said. It was the "first stop on the first missionary journey" by St Paul the apostle, whose footsteps the German pontiff will retrace. "Peace will be the key of this trip."

Catholic bishops from across the Middle East will join the Pope in Cyprus where he will give them a working document for a major forthcoming synod in Rome on problems facing Christians in the region. Stemming Christian emigration from the predominantly Muslim Middle East is a key concern, Catholic officials say. The document, known as an Instrumentum Laboris, expands on a January text that urges Christians and Muslims to face the threat of Islamist extremism together, Fr Lombardi told a news conference this week. Also recommended is strengthening communion between the region's Catholic and Orthodox's churches, other officials say.

The document is not due to be unveiled until Sunday but excerpts addressing the Palestinian issue were leaked by Italy's Ansa news agency on Tuesday. In these, the Vatican calls Israel's occupation of Palestinian territories a "political injustice imposed on the Palestinians". The occupation "makes daily life difficult for freedom of movement, the economy and social and religious life", according to the Ansa leak.

The 40-page document adds: "Some fundamentalist Christian groups cite the Holy Scriptures to defend the political injustice imposed on the Palestinians, making even more delicate the position of Arab Christians." Ansa's report came as Israel drew worldwide condemnation for a deadly commando raid on Monday against a flotilla of boats laden with humanitarian aid for the Israeli-blockaded Gaza Strip.

The Pope, speaking to pilgrims in St Peter's Square yesterday, urged a peaceful resolution to the current crisis sparked by the raid, but said he was concerned about prospects of Middle East peace. While expressing his sorrow for the victims of the violence, he also called on regional powers to improve conditions for Palestinians living in Gaza. Cyprus will be "the focal point of Christian efforts in favour of peace in the tormented region", George Poulides, the island's ambassador to the Holy See, told the Catholic website, Terrasanta.net.

Thousands of Catholics from the Middle East will make the short journey to the Mediterranean island to see Pope Benedict. Cyprus is a predominantly Orthodox country and the Pope's three-day trip also gives the two Christian faiths an opportunity to forge better relations. He was invited jointly by the Greek Cypriot president, Demetris Christofias, the EU's only Communist head of state, and Archbishop Chrysostomos II, the head of Cyprus's autonomous Orthodox Church.

Despite their differences, the two men view the Pope as a highly influential international figure who can help press for a solution to the island's 36-year-old division as he travels the world. They plan to give him a red-carpet welcome. Hundreds of Cypriot police, nevertheless, will be deployed to head off any possibility of unruly protests by fringe Orthodox groups opposed to the first papal visit to the island.

Archbishop Chrysostomos actively supports dialogue with Rome - and Fr Lombardi shrugged off opposition to the Pope's visit as "marginal". It is a sign of the importance Cyprus places on the Vatican's diplomatic clout that the small island with a population of less than a million has an ambassador to the Vatican as well as one in Rome. Pope Benedict, however, is not expected to make any overtly political statements on the Cyprus problem. The island was split along ethnic and religious lines in 1974 when Turkey invaded the north after a brief, Greek-inspired coup.

The leaders of Cyprus's estranged Greek and Turkish communities have been locked in negotiations since September 2008 aimed at reuniting the island under a federal system. "I don't think he [the Pope] will say anything [publicly about the Cyprus problem] because it won't be appropriate and he'll have a problem with the Turkish side," Archbishop Chrysostomos said in an interview. The Pope was nearly forced to cancel a trip to Turkey in 2006 after he linked Islam to violence during a speech in Germany that caused outrage in the Muslim world.

The Turkish Embassy to the Holy See expressed regret last week that the Pope will not visit northern Cyprus, where the self-declared Turkish Cypriot state is recognised only by Ankara. The Greek Cypriots head the island's only internationally recognised government. However, the Pope's mere presence - and in particular where he will spend his two nights in Cyprus - will highlight the island's division and the urgent need for a solution, church officials and diplomats said.

On visits, the Pope usually stays in the host country's Apostolic Nunciature. In Cyprus's case, this is a Franciscan friary attached to the sandstone-fronted Holy Cross church, situated by chance in the heart of the UN-patrolled buffer zone dividing Nicosia. It is surrounded on three sides by Turkish military forces. The Franciscan compound has fragrant flower gardens shaded by towering eucalyptus trees. But it overlooks derelict, bullet-pocked buildings, cordoned off by barbed wire and ageing sandbags: potent iconography of the island's frozen conflict that will be recorded by television cameras from around the world.

"It is a sore sight - painful," said Father Umberto Barato, the charismatic parish priest of the Holy Cross Church and the Vatican's chargé d'affaires in Cyprus. The Pope is not coming to solve the Cyprus problem, he said, but added in an interview, "his presence can give courage and a positive impulse to relations between the two sides". @Email:mtheodoulou@thenational.ae

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Afcon 2019

SEMI-FINALS

Senegal v Tunisia, 8pm

Algeria v Nigeria, 11pm

Matches are live on BeIN Sports

THREE
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Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
Rating: 4/5
Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
The Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

European arms

Known EU weapons transfers to Ukraine since the war began: Germany 1,000 anti-tank weapons and 500 Stinger surface-to-air missiles. Luxembourg 100 NLAW anti-tank weapons, jeeps and 15 military tents as well as air transport capacity. Belgium 2,000 machine guns, 3,800 tons of fuel. Netherlands 200 Stinger missiles. Poland 100 mortars, 8 drones, Javelin anti-tank weapons, Grot assault rifles, munitions. Slovakia 12,000 pieces of artillery ammunition, 10 million litres of fuel, 2.4 million litres of aviation fuel and 2 Bozena de-mining systems. Estonia Javelin anti-tank weapons.  Latvia Stinger surface to air missiles. Czech Republic machine guns, assault rifles, other light weapons and ammunition worth $8.57 million.

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
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Ticket prices
  • Golden circle - Dh995
  • Floor Standing - Dh495
  • Lower Bowl Platinum - Dh95
  • Lower Bowl premium - Dh795
  • Lower Bowl Plus - Dh695
  • Lower Bowl Standard- Dh595
  • Upper Bowl Premium - Dh395
  • Upper Bowl standard - Dh295
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Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5